{"id":28707,"date":"2018-12-11T13:53:03","date_gmt":"2018-12-11T12:53:03","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=28707"},"modified":"2018-12-11T13:53:03","modified_gmt":"2018-12-11T12:53:03","slug":"axxela-diversifies-gas-markets-signs-gas-transportation-agreement-with-west-african-gas-pipeline-company-ltd","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/axxela-diversifies-gas-markets-signs-gas-transportation-agreement-with-west-african-gas-pipeline-company-ltd\/","title":{"rendered":"Axxela Diversifies Gas Markets; Signs Gas Transportation Agreement With West African Gas Pipeline Company Ltd"},"content":{"rendered":"<p><b><span lang=\"EN-US\">By Simon Ugwu<\/span><\/b><\/p>\n<p class=\"yiv6540296063ydpbaf581fcyiv4304172787MsoNormal\"><span lang=\"EN-US\">Axxela Limited (\u201cAxxela\u201d), sub-Saharan Africa\u2019s preferred fast-growing gas &amp; power portfolio company, has signed a Gas Transportation Agreement (GTA) with the West African Gas Pipeline Company Ltd. (WAPCo) to transport over 15 million standard cubic feet per day (\u201cmmscf\/d\u201d) of natural gas via the West African Gas Pipeline (WAGP) to Lome, Togo.<\/span><\/p>\n<p class=\"yiv6540296063ydpbaf581fcyiv4304172787MsoNormal\"><span lang=\"EN-US\">During the signing ceremony held in Accra, Ghana, Axxela CEO, Bolaji Osunsaya, said: \u201cThe partnership between Axxela, WAPCo, and the West African Gas Pipeline Authority (WAGPA), portends major benefits for the West African gas markets. The flow of new molecules beyond the existing foundation contracts will diversify gas supply sources into the WAGP and is a testament to Axxela\u2019s proactive mid-term growth plan propelled by our collective professionalism, strategic partnerships, and drive to achieve excellence across our business enterprise. Undoubtedly, we remain firmly committed to the positioning of gas as a catalyst for socio-economic empowerment across the region\u2019s key markets.\u201d<\/span><\/p>\n<p class=\"yiv6540296063ydpbaf581fcyiv4304172787MsoNormal\"><span lang=\"EN-US\">Also commenting at the signing ceremony, WAPCo Managing Director, Walter Perez, stated: \u201cWith public and private players increasingly working together to propel the gas advantage, our partnership with Axxela speaks to our overarching strategy for increased regional supply and participation. WAPCo is continuously driven to spur regional gas integration, and we are highly delighted to welcome Axxela on board the WAGP, and look forward to a fruitful and industry-defining collaboration.\u201d<\/span><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"yiv6540296063ydpbaf581fcyiv4304172787MsoNormal\"><span lang=\"EN-US\">Axxela is also developing a Floating Storage and Regasification Unit (FSRU) in West Africa\u2019s main commercial hub, Lagos, with the capacity to serve Nigeria and the region. The concept will see the injection of gas via a regasification terminal at a strategic location along the city\u2019s coastline, with gas supplied via LNG shuttle vessels. The virtual pipeline solution will also enable uninterrupted gas supplies and enhance gas utilization across key industrial clusters.<\/span><\/p>\n<p class=\"yiv6540296063ydpbaf581fcyiv4304172787MsoNormal\"><span lang=\"EN-US\">The WAGP is a 678km regional pipeline linking the Escravos-Lagos Pipeline System (ELPS) in Nigeria to Takoradi in Ghana, with gas delivery laterals from the main line extending to Cotonou (Benin), Lome (Togo), and Tema (Ghana).<\/span><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Simon Ugwu Axxela Limited (\u201cAxxela\u201d), sub-Saharan Africa\u2019s preferred fast-growing gas &amp; power portfolio company, has signed a Gas Transportation Agreement (GTA) with the West African Gas Pipeline Company Ltd. (WAPCo) to transport over 15 million standard cubic feet per day (\u201cmmscf\/d\u201d) of natural gas via the West African Gas Pipeline (WAGP) to Lome, Togo. &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":28708,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17],"tags":[5027],"coauthors":[2391],"class_list":["post-28707","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","tag-axxela"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Axxela Diversifies Gas Markets; 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